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How much basketball players get paid


How Much Do NBA Players Make On Average?

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We are used to NBA players living a luxurious life in multi-million dollar mansions and expensive cars and brands. The salary of an NBA player is unlimited as they also receive bonuses from wins and titles and the base salary. Recently, NBA clubs have also created additional income for players by signing contracts with sponsors such as online casinos.

How much do NBA players make? According to Basketball Reference, the average player salary for the 2020-2021 season is $7.5 million. The highest-paid NBA player is Golden State Warriors point guard Stephen Curry when pocketing $45 million this year.

This average salary is very high compared to the standard level in all US sports leagues. To learn more about wages and the list of NBA players who get paid the highest and lowest, read on with Scott Fujita.

The NBA average salary in 2020-2021 season 

Contents

How Much Do NBA Players Make A Year?

The NBA players get paid an average salary of around $7.5 million. The median salary, as known as middle salary, is about $3.8 million. The Basketball Reference says the salary cap for the 2020-2022 season is $109.1 million.

View more: How much do NBA refs make

The NBA’s minimum salary is always much higher than the rest of the sports leagues in North America. If first-time players are selected in the top NBA Draft list, wages are often much higher for NBA rookies (first-time players). New Orleans Pelicans rookie Zion Williamson earns $9.7 million per season. He is the first pick overall of the 2019 NBA Draft.

Wages for veteran players will also increase depending on how long they are in the tournament.

To give a most objective comparison, the NFL only pays its players about $450k. The NHL and MLB set a minimum wage of $500k.

Highest Paid NBA Players In 2020-2022 Season

Unlike an average NBA player, the players on the list below receive incredible and admirable salaries. Let’s find out who they are and which team they currently play for.

#1. Stephen Curry – Golden State Warriors
  • Annual Salary: $45,780,966

Stephen Curry

Shooting machine Steph Curry received an outstanding base salary to become the highest-paid player this season. The Golden State star grossed $92.8 million during this time. The latest step in his career is the announcement of the Curry brand under the support of Under Armor.

The new venture is worth about $20 million a year, with a mix of clothing, shoes, and accessories for various sports. People predicted that this number would increase if it received public love.

Curry’s other ventures include a new endorsement deal with crypto platform FTX. He is also the owner of the production company Unanimous Media with the series Holey Moley.

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  • Who is the highest paid NBA player

#2. John Wall – Houston Rockets
  • Salary: $44,310,840

Second on the list is John Wall, point guard of the Houston Rockets. He has an impressive average of 20.6 PPG, 3.2 RPG, and 6.9 APG during the season. The salary he received was enough to understand how important Wall was to the club.

#3. Russell Westbrook – Los Angeles Lakers
  • Salary: $44,211,146

The past year has been an exciting journey for Russell Westbrook. While his slump in form and transfers between several teams may have affected his image, not his earnings.

With a $44 million starting salary, Westbrook added another $30 million thanks to an impressive partnership with Nike and ten auto dealerships in Southern California.

#4. James Harden – Brooklyn Nets
  • Annual Salary: $43,848,000

The Brooklyn Nets have closed one of the biggest deals in NBA history with the Beard, and it was the right decision. Harden’s arrival on the roster keeps the Nets’ record steady.

In December, Harden officially became the investor and creative director of Pura fragrances. The player also benefits from contracts with Art of Sport, BodyArmor, and Stance.

#5. Damian Lillard – Portland Trail Blazers
  • Salary: $43,750,000

Damian Lillard 

The longtime keeper of the All-NBA team and Portland Trailblazers star rose three spots on the list of highest NBA player salaries this year. Through partnerships and endorsement deals with Gatorade’s Bolt24 product line, Lillard earns a fortune.

Last year, the young man also launched an annual internship program for half a dozen disadvantaged students at New York, Los Angeles, and Chicago high schools.

#6. LeBron James – Los Angeles Lakers
  • Salary: $41,180,544

It would be unbelievable if King James did not appear on the list. With just a $32 million-a-year Nike contract, LeBron James is well on his way to becoming the second billionaire to emerge from the league. That number, combined with a salary of $41.2 million, is enough to put James on the Forbes list of the highest-earning NBA players of 2021.

The SpringHill Company business, his entertainment, and media company, is also notable. They announced a minority stake sale at a valuation of $725 million.

James also joins fitness company Tonal as a brand ambassador and investor. He also allows Fortnite to use the image to create lovable characters.

#7. Kevin Durant – Brooklyn Nets
  • Annual Salary: $40,918,900

Kevin Durant’s base salary is admirable, but he’s also an investing genius. In December, technology company Uber bought the food delivery service Postmates for $2.65 billion. Durant invested back in this startup in 2016 with $1 million. The current figure is already $15 million.

Durant’s Thirty-Five Ventures is also expected to make a lot of money investing in many other companies. These include online banking Mercury, fantasy sports startup Sleeper, and investing apps Robinhood and Acorns.

#8. Paul George – LA Clippers
  • Salary: $39,344,970

Paul George will be making money this season for The Clippers without his teammate Kawhi Leonard for the foreseeable future. However, momentum will be high when the 31-year-old begins a four-year, $190 million contract extension

His partners include Nike, Gatorade, AT&T, and he recently became an investor in-home gym company Tonal.

#9. Giannis Antetokounmpo – Milwaukee Bucks
  • Salary: $39,344,970

Giannis Antetokounmpo 

Defending champion Giannis Antetokounmpo deserves to be on the list of the highest-paid players of 2021. The huge five-year $228 million contract with Milwaukee is an impossibility.

Antetokounmpo still has a lot of growth potential at only 26 years old. More specifically, he seems to have discussed with Disney a documentary about the star’s journey from Greece to the NBA champion. Forbes says the film will be released in 2022.

#10. Klay Thompson – Golden State Warriors
  • Salary: $37,980,720

The Golden State Warriors shooting guard suffered one of the most unfortunate injuries in sports history. Even so, he is still making a tremendous amount of money. The All-Star member joined Paul Rodriguez, Alex Morgan, and Travis Pastrana to launch Just Live, a CBD brand.

The star also has endorsement deals with Mercedes-Benz, Kaiser Permanente, and Tissot. A source said Thompson is in talks with Chinese shoe partner Anta.

Who Is The Lowest Paid NBA Player?

NBA G-League players 

There isn’t a single player with the lowest salary, but players with two-way contracts with the G-League are the NBA players receiving the most inadequate compensation. They make an average of $77k per year and an additional minimum wage by the size of rookies from the NBA.

During the NBA preseasons and summer camps, NBA teams often invite G-League players to play for them. Players will receive 45 days of play for their favorite NBA teams. For players who hit the max, their annual salary falls around $400k.

Final Thoughts

The NBA players get paid an average salary of $7.5 million a year for the 2020-2021 season. This number is not minor, and it proves the popularity and love of the audience for the tournament. 

With the news that the salary cap for the new season will be more comprehensive, we will be ready to expect impressive performances and talented faces to shine on the court.

How Much Does An NBA Basketball Player Make?

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NBA players have the opportunity to make extensive sums of money throughout their professional careers. The National Basketball Association is the highest-paying professional sports league in the world. Besides scoring lucrative contract deals, NBA players can also boost their incomes with profitable endorsement deals.

Table of Contents

  • NBA Player Average Salary
  • When Are NBA Players Paid?
  • Special Cases
  • Playoff Bonuses
  • FAQ

NBA Player Average Salary

The average salary for an NBA player is about $7.5 million. Each NBA team plays 82 games during the regular season. This means that players, on average, make about $91,463 per game. Since each NBA game has 48 minutes of regulation time, NBA players make about $1,905 per minute each game on average.

Since NBA teams have fewer players on the roster than other major sports teams, the players often make more money. During the 2019-2020 sports season, the average salary of an NBA player was around $8.32 million, while the average salaries for other major league players were as follows:

  • MLB: $4.03 million
  • NFL: $3. 26 million
  • NHL: $2.69 million 
  • MLS: $410,000

When Are NBA Players Paid?

The NBA has a system in place so that its players are paid at the same time each month throughout the season and the rest of the year. Starting on November 15th of each year, players are paid on the 1st and 15th day of each month. This amounts to two paychecks per month and 24 paychecks each calendar year.

Special Cases

While many NBA players are paid their salaries bi-weekly, some choose to be paid through different methods such as loans or advances. After signing a contract, a player may choose to be paid a certain percentage of their salary immediately. This advance payment cannot exceed the lesser of two options: either 80% of the player’s guaranteed salary or 50% of the player’s base salary.

NBA players may also request a loan after signing their contracts. Players use their salary to help repay the loan throughout the season, and the loan can continue to be repaid over subsequent seasons if they are all fully guaranteed. A loan may not surpass the remaining amount of guaranteed salary that a player has for a given season.

Playoff Bonuses

NBA players have the opportunity to make additional money if their team makes it to the playoffs. Players have an additional monetary incentive to help their teams advance to further rounds within the playoffs. Each team that makes it to the initial round of the playoffs receives $347,545 to divide up and pay to its players. Teams that advance to the next round of the playoffs receive an additional $413,534 to pay to players. The four teams that make it to the conference finals round of the playoffs are awarded an additional $683,363 to split amongst their players. The two teams that make it to the NBA Finals are given the largest bonuses among all playoff teams. The team that finishes in second place is awarded an additional $2,732,699, while the NBA Finals Champion team is awarded $4,124,054.

FAQ

Who is the highest-paid NBA basketball player?

Stephen Curry of the Golden State Warriors is the highest-paid NBA basketball player.  In August 2021, Curry signed a deal with the Warriors that guaranteed him $215.3 million over four years. This is equivalent to $53.8 million guaranteed each year for the star point guard. Considering the NBA’s annual salary cap, which is $112.4 million for the 2021-22 season, Curry’s salary for the season is actually about $45.7 million and is still the top among all players.

Who is the lowest-paid NBA basketball player?

Demetrius Jackson of the Boston Celtics is the lowest-paid NBA player for the 2021-22 season, earning $92,857 for the year. There are 16 other players in the league that, similar to Jackson, will earn less than $1 million during the season. Another player making well below the NBA average salary is Troy Williams of the Houston Rockets. Williams is only guaranteed $122,741 for the 2021-22 season.

What do NBA rookies get paid?

The amount that NBA rookies get paid depends on when they are drafted into the league and the league salary cap for the season.  A player that is drafted early during a season with a high salary cap will make the most money. While players drafted in the first round are given lucrative contracts with guaranteed salaries, all other rookies must negotiate their salaries with their respective teams. For the 2021-22 season, all rookies were guaranteed at least $925,258 if they remained on a team for the full season.

How much does the #1 NBA draft pick make?

The #1 NBA draft pick typically is awarded the largest contract out of all the players drafted each year. Cade Cunningham was the first overall pick by the Detroit Pistons in the 2021 NBA Draft. He signed a 4-year contract with the team that guaranteed him $45,599,089. This is equivalent to an average annual salary of $11,399,772. During the 2021-22 season, Cunningham had a base salary of $10,050,120, which increased to $10,552,800 for the 2022-23 season.

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Forbes named the highest paid NBA players

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American Forbes named the highest paid NBA players of the 2020/21 season. LeBron James topped the ranking for the seventh time, his earnings this year will break another record The top five of last year's rankings have retained their positions this season as well.

Finished reading here

For the seventh year in a row, LeBron James remains the highest paid player in the NBA, based on his off-court contracts. He is expected to earn an NBA player-record $95.4 million, including approximately $64 million from advertising and other projects. Half of the athlete's advertising revenue is provided by a contract with Nike. According to Forbes, James is the highest paid athlete in US team sports.

The most expensive sponsorship deals in the NBA. Forbes rating

Second place goes to Stephen Curry with $74.4 million in revenue, of which $40 million comes from his sponsorship contracts and other projects. For example, in December, sportswear manufacturer Under Amour launched the Curry brand, within which it will present shoes, clothing and accessories for various sports. The contract is valued at $20 million a year, but the amount could rise if the brand becomes popular.

Kevin Durant is back in third place with $65.2 million. Russell Westbrook is fourth with $58.1 million and James Harden rounds out the top 5 with $50 million.

NBA investor: Basketball player who raised $125 million in real estate

NBA salaries have been cut by 20% this season due to the pandemic, but third-party contracts keep basketball's biggest stars among the highest paid athletes in the world. The top ten NBA players in the 2020/21 season are projected to earn a total of $558 million..5 million per player. That's more than double the average baseball player's salary and three times the average football player's salary. This season, 44 NBA players were supposed to receive a salary of at least $25 million, but due to salary cuts, 34 such athletes remained.

10 highest paid NBA players 2019. Forbes rating

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How much do NBA stars earn? Salary rating-2019 - Blogg on the floor - Blogs

We count other people's millions.

Many people know that the NBA has a salary cap. It is set at $109.14 million for the 2019/20 season.

But not everyone knows that the salary cap is directly linked to the league's income. And with it - the salaries of all players. Basketball players make millions of dollars because the NBA makes billions of dollars. 9. This BRI includes only $400-500 million converted from yuan, so don't worry: even a complete break in relations with China won't take more than five or six percent off the BRI.

Under the 2017 Collective Agreement between the league and the players union, 50%* of BRI goes to players in the form of wages.

* - actually not, but in order not to load the text with nuances, I will explain them in the comments.

There are 510 jobs in the league - each of the 30 teams can apply for 17 people.

51 NBA players - exactly 10% - will receive at least $20 million next season **.

** - and again I suggest going to the comments for those who want abstruseness.

The “Gini coefficient” and other indicators of financial inequality in the NBA as in a single economy look better than the global ones: if in the real world the richest 10% own 75-85% of all wealth (in the USA - 70-75% according to various estimates ), then in the NBA, the top 10% earn only 35% of all salaries.

But even this 35% is more than one and a half billion dollars. Or, in other words, 1,655 NBA rookie minimum contracts.

Let's look at how this one and a half billion is distributed. For a round number, we will limit ourselves to the top 50 earning more than 20 million; The 51st player in the ranking with a salary of exactly 20 million is Indiana guard Malcolm Brogdon. If you go to the basketball section less than once a week, then most likely you don’t even know who it is. And he earns more than Aguero, James, Neuer or any Serie A player except Cristiano.

Who is not in this part of the rating? For example, Philadelphia's rising star Ben Simmons, who signed a five-year, $170 million contract this summer that won't take effect until a year later, is now playing on a "modest" $8 million rookie salary.

For the same reason, Utah leader Donovan Mitchell, Dallas' delightful Luka Doncic, or intimidating rookie Zion Williamson are not yet on the NBA's Most Valuable Players list. All of them still earn a fixed salary (depending on the number under which the player was taken in the draft), for which they need to play 4 seasons before claiming a luxurious life.

Who is in this part of the rating? Giannis. The current NBA MVP - and the future, according to some forecasts, too.

Greek-Frick did not make the top 40 for a number of reasons, the main of which is the NBA does not review existing contracts (with some exceptions so rare that they do not even deserve an asterisk and a footnote in the commentary). Antetokounmpo signed his contract back in 2016, by that time the Greek had never played in the All-Star Game, averaging 17 points and playing as the main point guard of the very weak Bucks (49losses in a season).

And Giannis, not so long ago a beggar teenager who sold souvenirs on the streets of Athens and ran in patched sneakers, was so grateful that Milwaukee believed in him that he did not insist on either a maximum contract or even a player option in the last year contract. He was told that he would receive $100 million, and he was stunned by this amount - and it does not matter that at the same time as him, Stephen Adams also signed for exactly the same contract, whom Oklahoma renewed only in a panic from losing Durant.

All in all, Antetokounmpo did great humanly but naively economically three years ago: Giannis has already lost $33 million by waiving his maximum wage and has also pushed back his possible free agency entry from 2020 to 2021.

That's why next year he will be so low in the rankings again. But then - hello to the biggest contract in the history of the NBA.

There are now only 32 people in the NBA with maximum contracts of (this number does not include DeRozan, whose salary was maximum only in the first two years of the contract, Horford and Love, who played at maximum levels a year ago, Vucevic, and Millsap and Middleton from the next group).

At the same time, almost everyone has different salaries.

How did it happen?

To answer this question, need to understand how maximum contracts are formed .

Maximum contracts come in three levels depending on the player's experience:

  • up to 6 league seasons - 25% of ceiling;
  • 7-9 seasons - 30%;
  • and over 10 - 35%

A player can jump up one category by becoming MVP, NBA Defensive Player of the Year or making the All-Star Team of the Season. At the same time, all these 25, 30 and 35% form only the salary in the first season. For example, now 25% of the ceiling is the salary of Russell, Porzingis, Booker, Townes. The first two signed a contract this summer, and the last two lasted a year ago, just their agreements implied entry into force in 2019-m.

And then everything changes: Russell, who signed a new team, Golden State after Brooklyn, will have an annual increase of 5%. Towns, who lasted with Minnesota, has 8%. And next year their salaries will be different.

Other players signed maximum wages in other years when there was a different salary cap. Anthony Davis received 25% of the ceiling in 2016 (he could have received 30%, but he got injured in the key season 15/16 and did not make the team of the season). Then, when he moved to the Lakers, he voluntarily forfeited a trading bonus so the Los Angelesers could sign a third star this summer.

Voiceover: They couldn't.

So it turned out that Davis and three other maximum speeds in 2016 are not in the top 30, since they are slightly behind the maximum contracts concluded later, in 2017-2019 - the growth rate of the ceiling and, therefore, the new maximum speeds were higher than the increases in their contracts .

Six people signed a new contract this year with a starting salary of 30% of the ceiling. And they are all different:

The strangest one is with Kyrie Irving: 1 million allocated in 8 bonuses, for which he needs to play in 70 games, hit 88. 5% of free throws in a season, lose the ball no more than 2.4 times per game and so on. He did not achieve all this a year ago, and bonuses are not yet taken into account in his salary.

Tobias Harris will receive the maximum in the first year of his contract only, and will receive a total of 10 million less in the remaining seasons.

Clay Thompson signed up for 5 years.

Kemba Walker and Jimmy Butler - for 4 years, the only difference is a possible trading bonus in Kemba's contract.

Kawhi signed up for 3. And the third year is a player option, so he should be a free agent again in 2021.

Yes, it's strange to see Kawhi Leonard outside the top 10 - but he chose this path himself (as the last NBA finals showed - he did the right thing). If the forward did not change teams, but remained in San Antonio, then this season his salary would be the same as that of Harden or Durant. But he has a different financial mechanism turned on: better conditions for winning the championship + a large market for new advertising contracts = the opportunity to get much more than the extra 5-6 million a year in the club salary.

Did you really think there was no calculator built into Kawhi's operating system?

P.S. Interestingly, in the top 20 - only Americans, this has not happened since the implementation of the salary cap in 1984! A new generation of super-foreigners, constrained by the financial rules of the NBA, has not yet reached the old American star guard.

King James always wants to be at the top of the list. But he was the most expensive NBA player only once : in the 2016/17 season. Before that, the Miami discount to team up with Wade and Bosch, the move back to Cleveland on a one-year contract, the technical impossibility of reaching Kobe's maximum salary. And then Curry, who has been playing in one club all his career, took the lead - after all, the NBA salary rules reward those stars who do not change clubs: they get a slightly higher maximum salary, a little longer, a little earlier.

But LeBron was always pissed off about the concept of a maximum salary. Why should workers be capped by some sort of salary cap? Why can't he earn in the NBA as much as she earns on him? According to various statistical metrics, the benefit of LeBron in his peak years should have been paid by a contract of 70-80 million a year 2003, with a completely different salary cap.

Even now, LeBron James's salary would be much more than 37.4 million if there were no artificial restrictions in the NBA. Reference point? Let's take Cristiano Ronaldo. Similar age, status, achievements, popularity, the situation with the transition to another club, even advertising contracts they have about the same level of income. Ronaldo earns about 64 million a year from Juventus before taxes; LeBron, it turns out, almost half as much.

Nevertheless, LeBron will still be the first - in terms of total career earnings . In the upcoming season, he (307 million) will overtake Shaquille (286 million) and will be second only to Kobe Bryant (323 million) and Kevin Garnett (334 million), whom he will overtake in 2021. LeBron will earn almost $400 million in the NBA by the end of his career - and even more from advertising contracts. The dream of becoming a billionaire is getting closer.

Fans often demand strict logic in issuing maximum contracts. That they should only be given to MVPs or champions, that clubs shouldn't give big contracts to non-All-Star players, that only five/two/ten people/one LeBron/all 510 NBA players are eligible for the top salary.

Actually there is no logic.

The maximum contract, even the largest one possible (35% of the ceiling), can be obtained for real services to the club, like Harden - and still there will be people who consider his salary too high.

You can - for previous achievements. Kevin Durant will make over $38 million in a season without a game for Brooklyn due to a torn Achilles , but the Nets believe he can return to his former superstar level and add championship experience to the team.

Or you can - for vague promises to become a top NBA player, as was the case with John Wall. He sparkled in the second half of the 2016/17 season and made it to the NBA's third All-Star Five, which qualified him for a Supermax contract extension. And "Washington" then gave him this 170 million extension for 4 years, which is effective now.

Since signing, Wall has never played more than 50% of his season and, like Durant, will miss the 2019 season/20 whole. But in 2017, he was a rising star, soon to be the best defenseman in the conference, and was priced into a super max contract...

Or just Washington. A team that hasn't played in an Eastern final for 40 years.

Westbrook and Paul are united not only by the fact that they were traded for each other in July, but also by the fact that since 2018 they have an identical salary. They were extended through different mechanisms, but came to the same numbers (although Westbrook has a contract for a year longer).

Why are their salaries higher than the Durant-Harden-Wall trio? Again, remember that the maximum salary depends on the ceiling, which grows unevenly . The annual salary increase is 8%, while the salary cap has increased by only 7.14% in the last year.

Contracts in the NBA, as already mentioned, are not reviewed - neither as a result of negotiations between the parties, nor by any automatic rules, so in a year Westbrook and Paul are entitled to 41 million, in two - 44 million each. And this figure will not change, even if all countries, including the United States, follow the example of China, turn their backs on the NBA, and the salary cap falls from 109million dollars to 109 million cents.

Next year, Durant, Harden, Wall, Paul and Westbrook will break the $40 million salary bar with their supermaxes. But they won't be the first.

Steph Curry won his first MVP and first title, being fourth in salary on his team, and 53rd in the league behind JaVale McGee, Larry Sanders and Andrea Bargnani.

Second MVP - fifth salary with the Warriors and 61st in the NBA, behind Amir Johnson, Demarre Carroll and Brandon Knight.

Second title - Curry is the 82nd highest paid in the NBA, and it's too long to list role players earning more. At the time, Curry's salary of $12 million was closer to the minimum (1.3 million) than the maximum (26.5 million).

Just before the third title, Stef was given the contract he deserved. The largest in history at that time - 201.2 million dollars.

The third season of this contract breaks the historic mark of $40 million. However, taking into account inflation, this is not a record, but only the third most expensive indicator.

Jordan has the first two, of course. His 30 million in the 96/97 season in today's dollars would be 49 million, and 33 million in 97/98 would be 54 million.

more than the entire salary cap), we may never see again.

* * *

You can complain that your parents forgot to send you to the basketball section or fed you little carrots, cottage cheese and oatmeal, in the comments.


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